Results 121 to 130 of about 8,442,106 (161)

Discounting Future Reward in an Uncertain World. [PDF]

open access: yesDecision (Wash D C )
Story GW   +8 more
europepmc   +1 more source

Evolving to the Impatience Trap: The Example of the Farmer-Sheriff Game [PDF]

open access: yes
David K Levine   +3 more
core  

Decreasing Marginal Impatience in a Monetary Growth Model

open access: yesDecreasing Marginal Impatience in a Monetary Growth Model
openaire  

Decreasing marginal impatience in a two-country world economy

Journal of Economics, 2011
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Hirose, Ken-ichi, Ikeda, Shinsuke
semanticscholar   +4 more sources

Decreasing impatience and the magnitude effect jointly contradict exponential discounting

Journal of Economic Theory, 2009
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jawwad Noor
openaire   +3 more sources

ON DECREASING MARGINAL IMPATIENCE*

Japanese Economic Review, 2008
One of the most controversial assumptions in endogenous time preference theory is that the degree of impatience is marginally increasing in wealth. We examine the implications of an empirically more relevant specification whereby time preference exhibits decreasing marginal impatience (DMI).
Ken-ichi Hirose, Shinsuke Ikeda
openaire   +2 more sources

Decreasing relative impatience

Journal of Economic Psychology, 2009
Prelec (2004) showed that the Arrow-Pratt degree of convexity of the logarithm of the discount function can serve as a measure of decreasing impatience and of the corresponding time-inconsistency. In decision under risk and uncertainty the convexity of the utility function itself, not of its logarithm, has empirical meaning in terms of risk attitude ...
Kirsten I. M. Rohde
openaire   +4 more sources

Redistribution and persistent exploitation in an accumulation economy with decreasing marginal impatience

Review of Social Economy, 2019
A variant of John Roemer’s accumulation economy is studied in which agents have identical payoff functions characterized by decreasing marginal impatience (DMI), such that time discount rates are d...
Gilbert L. Skillman
openaire   +2 more sources

Decreasing marginal impatience destabilizes multi-country economies

Economic Modelling, 2015
Abstract Despite the empirical evidence that consumers' degree of impatience decreases with wealth, the implication of decreasing marginal impatience (DMI) for general equilibrium dynamics has been insufficiently analyzed. By deriving the stability condition of multi-country equilibrium, we show that DMI is hardly compatible with stability.
K. Hirose, Shinsuke Ikeda
openaire   +2 more sources

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